money-market fund

noun

1. a mutual fund that invests in the money market.

Word History and Origins

Origin of money-market fund¹

First recorded in 1980–85

Example Sentences

It was like a bank run, and as often happens in a run, the money-market funds weren’t going to be able to come up with all the money.

From Time

Investors in the money-market fund started demanding their money back.

From Time

The money-market fund industry nearly collapsed, as many money-market funds had Lehman Brothers commercial paper.

From The Daily Beast

Related Words

• bond fund
• closed-end fund
• investment fund
• retirement plan